Competitive Acquisition Program Postponed by CMS

February 12, 2009

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In September 2008 the Centers for Medicare & Medicaid Services (CMS) announced the postponement of the Competitive Acquisition Program (CAP) for 2009. Any physicians who participated in the 2008 program have until February 28, 2009, to return unused CAP drugs to the approved vendor.

As all CAP drugs are considered the property of the vendor, participating physicians will be held liable for the cost of the drug if it is not returned on or before that date. Participating physicians may however contact the CAP vendor to discuss purchasing options.